Pure bond funds have plummeted, evoking a 'stepping-on-landmines' sentiment. How should this wave of risk be perceived?

① The small year-end rally in the bond market did not materialize, with ultra-long-term varieties represented by 30-year government bonds continuing to experience significant adjustments; ② Meanwhile, credit risk events have impacted the market, causing substantial drawdowns in the net asset value of public and private funds. Some bond funds fell more than 7% in a single week; ③ Amidst the market adjustment, rumors have been circulating regarding institutional behavior and policy concerns. Could this be the final plunge?

cls.cnDec 4 18:35

Express News | The Hai Fu Tong Shanghai Stock Exchange Convertible Bond ETF has surpassed 10 billion yuan in scale.

BreakingsAug 22 13:36

Stock ETFs saw a positive inflow, with net inflows of 4.9 billion yuan last week, while bond ETFs continued to see net inflows exceeding 9 billion yuan.

Last week, the All Market ETF saw a net inflow of 1.962 billion yuan.

Gelonghui FinanceJul 28 16:27

Haitong CSI Convertible Bond Investment Value Analysis: Combining Global Strategy and Tactical Value Convertible Bond Layout is Timely

Convertible bonds have unique income risk characteristics and strategic allocation value. Convertible bonds have the characteristic of unlimited upside potential and downside support. In a bear market, convertible bond prices are relatively limited in terms of downside risk protection, in a bull market for equities.

招商证券Nov 20, 2024 00:00

Convertible bond market has undergone unexpected changes, funds contrarily increased their holdings in Bosera CSI Convertible Bond and Exchangeable Bond ETF.

Convertible bonds have undergone a sudden change. Since May 21st, the convertible bond market, once known for its "attack and defense", has experienced a deep adjustment. Today, the convertible bond market has recovered, with Guanghui Convertible Bonds and Lingnan Convertible Bonds hitting the limit up, and Sanfang Convertible Bonds and Shouhua Convertible Bonds rising more than 16%. Bosera Fund Convertible Bonds ETF and Haifutong Fund SSE Investment Grade Convertible Bond and Exchangeable Bond ETF have risen. On May 17th this year, Soter announced that it could not redeem the principal and interest due to insufficient liquidity, making Soter Convertible Bonds the first convertible bond to substantially default. With the full implementation of the comprehensive registration system, Soter Convertible Bonds, Blue Shield Convertible Bonds, Hongda Convertible Bonds and other stocks have gradually followed suit.

Gelonghui FinanceJun 26, 2024 16:28

The bond fund size is approaching 10 trillion, and the bond etf asset size has exceeded 100 billion yuan.

On one side, dividend theme funds are selling well, while on the other side, the fifth new fund that failed to raise funds this year has arrived. The contract of Xingzheng global dividend mixed fund has taken effect, with an initial fundraising amount of 1.398 billion yuan, becoming the largest actively managed equity fund issued this year. Yuanxin Yongfeng Fund announced that the fundraising period for Yuanxin Yongfeng flourishing mixed fund expired on June 17th, and the fund contract cannot be effective because it failed to meet the fund filing conditions stipulated in the fund contract. This is the fifth new fund that has failed to raise funds this year, including two FOF funds and two equity funds. The most popular fund this year is QDI, in addition to...

Gelonghui FinanceJun 19, 2024 18:28